Regulation 3 Amendments to the principal Regulations
(1)
Regulation 20 (application of Schedule 19AB to the individual savings account business of insurance companies) shall be amended as follows.
(2)
In paragraph (1)—
(a)
for “3 and 4” there shall be substituted “2, 4, and 6(4) to (6)”;
(b)
the words “as it applies in relation to pension business of such companies” shall be omitted.
(3)
Paragraph (2) shall be omitted.